AN IDEAL BUY TO LET INVESTMENT - A TWO BEDROOM GROUND FLOOR APARTMENT WITH SMALL ENCLOSED COURYARD AREA close to both Cheltenham Town Centre and the Brewery Complex. The Property briefly consists of an Open Plan Living area with Fitted Kitchen, Two Double Bedrooms (one with fitted wardrobe), Bathroom with Shower over and a small enclosed courtyard off the Living Area. The property further benefits from a Secure Phone Entry System, Gas Central Heating and Double Glazing. Currently tenanted this apartment makes an ideal investment opportunity, producing a yield of just under 5.5% per annum. (EPC-C)

HIGHLY RECOMMEND TO VIEW ASAP

Tenure

Leasehold - 999 year lease from 2006. The maintenance charge is £100.35 per month currently managed by LSH Group Ltd although as from 1.9.20 it will be handled by a local company. There is no ground rent (as advised by seller). Currently tenanted for 12 months from 14/08/20 and current rent £680 pcm.

Services: We are informed by the seller(s) that there is mains water, gas, electricity and drainage currently connected (to be confirmed).

Council Tax: We are informed by Cheltenham Borough Council that the property is in Band ‘A’ with £1,211.10 being payable for 2020/2021.

All information subject to legal confirmation

Important Notice: Philip Pugh and Partners have not tested any apparatus/installations/ services and cannot vouch for their condition. We therefore strongly recommend that their condition is verified by prospective purchaser(s) through surveyors or solicitors.

Philip Pugh & Partners may offer to assist in arranging insurance or other products/services and/or mortgages and may be entitled to receive commission in respect of any services provided. It is your decision whether you choose to deal with a company or service we recommend to you. In making that decision, you should know that we may receive referral fees worth between £200 and £1500 per annum.

Money laundering regulations: To comply with money laundering regulations, prospective purchasers will be asked to produce identification documentation at the time of making an offer. We ask for your cooperation in order that there is no delay in agreeing the sale, should your offer be acceptable to the Seller(s).

Viewing: By appointment with the Agents

Philip Pugh and Partners on (01242) 261222

E: post@philip-pugh.co.uk

25 Bath Street, Cheltenham, GL50 1YA